With positive signs in liquidity on the horizon in the local real estate market, townwhouses appear a promising investment channel with fairly good yield rates.
Decree No.25/2020/ND-CP (Decree 25) issued by the prime minister on February 28, 2020 has broken through the biggest obstacles facing real estate projects nationwide in land bidding and implementation.
In addition to drawing in a lot of local homebuyers and investors, The Matrix One is also the apple of the eye of foreigners, especially South Korean, thanks to its outstanding facilities, location and ample greenery.
Homebuyers in Hanoi are interested in the projects at golden locations, surrounded by a full range of service facilities and offering unique advantages.
Rents for shophouses in downtown Ho Chi Minh City have increased by 35 percent in 2019, according to real estate portal batdongsan.com.vn.
Delays to approvals for new office developments, along with proposed land price hikes, are unsettling the prospects for the Ho Chi Minh City office segment heading into the next decade.
Experts said that the Law on Housing 2014 has brought huge opportunities for foreigners to buy houses in Vietnam, as numerous real estate projects quickly filled the 30 per cent of apartments available for foreigners.
The industrial property landscape in Vietnam is changing with localities looking at raising costs of land.
Vietnam-Singapore Industrial Park (VSIP) has recently granted red books for the first homeowners of Sun Casa as well as unveiled a brand-new project in the southern province of Binh Duong.
Tightening credit for high-end real estate development coupled with a tight land fund in the center of Hanoi could lead to a shortage of supply in the luxury segment in the next few years.
Q4 luxury apartment prices in Saigon have surged 40 percent from 2017 due to limited supply, according to real estate service firm CBRE.
Rare are projects where during 36 months customers do not have to pay interest after taking up a loan covering up to 65 percent of the apartment and receive a discount of 16.9 percent if customers pay from their capital.
The Marq, a luxury condominium project in the heart of District 1, is attracting successful and sophisticated residents thanks to its interplay of real elegance with an open and modern look.
The property market in Vietnam has received increased FDI inflows during the past years. VIR talked with Savills Vietnam managing director Neil MacGregor about his assessments and expectations of these FDI flows.
Although real-estate development projects are required by law to incorporate parks and gardens in their area zoning, many investors in Ho Chi Minh City are blatantly disregarding this.